
Cheap Apartments for Rent near Bonanza, UT from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Bonanza.


The Bear Necessities

70 Bear River Dr

1023 Teller Ave

160 S Main St

Aster Place

1107 Bookcliff Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

44 S 200 E

704 Horizon Dr

721 Horizon Dr

145 W 100 N

75 E 860 S

989 S Vernal Ave

390 980
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Junction

SLICK ROCK APARTMENTS

Total Monthly Price
The Railyard at Rimrock

1074 Cedar Way

Twin Cedar Apartments -Furnished / Short Term

Total Monthly Price
The Slate on 25

Total Monthly Price
The Landing on Horizon
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Deer Valley Apartments

85 N 300 E

790 W 400 S

109 S Cedar Ave

1414 S 675 E

1606 W 300 S

634 E 1375 S
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Summit View Flats

Eddy

208 E 200 S
Bonanza, UT Local Guide

How much does it cost to rent an apartment in Bonanza?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bonanza Studio Apartments | $1,166 | $700 | $1,565 |
| Bonanza 1 Bedroom Apartments | $1,955 | $745 | $3,317 |
| Bonanza 2 Bedroom Apartments | $2,005 | $695 | $5,436 |
| Bonanza 3 Bedroom Apartments | $2,974 | $1,187 | $6,548 |
| Bonanza 4 Bedroom Apartments | $3,562 | $3,562 | $3,562 |
Browse Top Apartments in Bonanza
See all Apartments in BonanzaExplore Bonanza
Bonanza, UT Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Bonanza Apartments for Rent and Nearby
 The cheapest available apartment rental in Bonanza, UT is a 2 Beds unit found at South Valley priced from $695. The Bear Necessities has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Bonanza apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| South Valley | 2 Bedroom 1 Bathroom | 2BR,1BA | $695 |
| The Bear Necessities | Furnished Studios | Studio,1BA | $700 |
| 70 Bear River Dr | 0/1 | Studio,1BA | $750 |
| Aster Place | One Bedroom - 40% AMI | 1BR,1BA | $856 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
| Twin Cedar Apartments -Furnished / Short Term | 3 Beds, 1 bath | 3BR,1BA | $1,500 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,609 |
| The Junction | Redland A- 1 BR/1BA | 1BR,1BA | $1,665 |
| Copper Village Apartments | The Kokopelli | 1BR,1BA | $1,675 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,683 |
Best Value Apartments for Rent in Bonanza, UT and Nearby
As of July 22, 2026 the best value apartment in the Bonanza area is the $1.64 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,557. The second greatest value Bonanza apartment is the The Riverside - two bedroom two bath Model at The Railyard at Rimrock starting at $1,970 with a $1.78 price per square foot in the Appleton neighborhood. Here is today’s list of the best values for Bonanza apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pomona Park Townhomes | End Unit | 3BR,2.5BA | $1.64 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Twin Cedar Apartments -Furnished / Short Term | 3 Beds, 1 bath | 3BR,1BA | $1.36 |
| South Valley | 2 Bedroom | 2BR,1BA | $0.93 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.80 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| Aster Place | One Bedroom - 40% AMI | 1BR,1BA | $1.07 |
| Copper Village Apartments | The Kokopelli | 1BR,1BA | $2.10 |
| The Slate on 25 | Napa | 1BR,1BA | $2.24 |
| 70 Bear River Dr | 0/1 | Studio ,1BA | $1.67 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bonanza, UT Rentals by Map
See the most popular apartments and homes in Bonanza, UT
Frequently Asked Questions about Cheap Bonanza Apartments
What is the Cheapest Studio apartment in Bonanza?
Currently the most affordable Cheap Studio Apartment in Bonanza is at The Bear Necessities listed at $700.
How much is rent for a Cheap One Bedroom Bonanza Apartment?
The lowest price for a Cheap One Bedroom Bonanza Apartment is $745 at South Valley.
What is the lowest price for a Cheap Two Bedroom Bonanza Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bonanza is starting from $695 at South Valley.
What is the most affordable Bonanza Three Bedroom Apartment?
The best deal on a cheap Bonanza Three Bedroom Apartment rental is at Aster Place and starts from $1,187.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.